Styrene in China | The Observatory of Economic Complexity

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Pricing

2022
Exports $785MWorld Rnk 5 / 78
Flag

Rnk 769 / 4606

falsefalse South Korea

2022
Imports $1.22BWorld Rnk 1 / 149
Flag

Rnk 205 / 4539

2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

Image 1

Link: custom-image-1602

Image 2

Image by Joe Hart
Link: https://flic.kr/p/ngYpRr

Latest Trends
Historical Data

About

Exports In 2022, China exported $785M in Styrene, making it the 5th largest exporter of Styrene in the world. At the same year, Styrene was the 769th most exported product in China. The main destination of Styrene exports from China are: South Korea ($251M), India ($117M), Turkey ($117M), Netherlands ($103M), and Brazil ($68.6M).

Imports In 2022, China imported $1.22B in Styrene, becoming the 1st largest importer of Styrene in the world. At the same year, Styrene was the 205th most imported product in China. China imports Styrene primarily from: Saudi Arabia ($829M), Chinese Taipei ($206M), Kuwait ($90.7M), Japan ($75.4M), and Singapore ($6.32M).

The fastest growing import markets in Styrene for China between 2021 and 2022 were United States ($2.58M), Germany ($4.55k), and Belgium ($2.41k).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Styrene from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Styrene exports accounted up to $32.2M and imports accounted up to $40.7M, resulting in a negative trade balance of $8.53M. Between July 2023 and July 2024 the exports of China's Styrene have increased by $2.03M (6.74%) from $30.2M to $32.2M, while imports decreased by $-31M (-43.2%) from $71.7M to $40.7M.

Destinations In July 2024, Styrene were exported mostly to South Korea ($28.1M), Hong Kong ($3.63M), Peru ($110k), Ecuador ($80.7k), and Philippines ($71.3k), and were imported mostly from Saudi Arabia ($26.5M), Singapore ($7.17M), Malaysia ($3.6M), Japan ($3.44M), and Germany ($999).

Growth In July 2024, the increase in Styrene's year-by-year exports was explained primarily by an increase in exports to Turkey ($7.57M or 247%), Ecuador ($186k or 582%), and Australia ($24k or 108%). In July 2024, the decrease in Styrene's year-by-year imports was explained primarily by a decrease in imports from Saudi Arabia ($-37.2M or -41.6%), Chinese Taipei ($-16.6M or -52.8%), and Kuwait ($-12.2M or -80.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$2.03M(6.74%)

IMPORT GROWTH (July 2023 - July 2024)$-31M(-43.2%)

MAIN EXPORTER (July 2024)Zhejiang Province$35.3M

MAIN DESTINATION (July 2024)South Korea$28.1M

This section shows Styrene's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Styrene over time.

For full datasets download visit Bulk Download page.

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Unit Prices

Flow

Exports

Imports

Value

Unit Price

Index (YoY)

Growth (YoY)

The following visualization shows the unit prices for Styrene throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$785M

IMPORTS (2022)$1.22B

NET TRADE (2022)-$438M

In 2022, China exported $785M in Styrene. The main destinations of China exports on Styrene were South Korea ($251M), India ($117M), Turkey ($117M), Netherlands ($103M), and Brazil ($68.6M).

In 2022, China imported $1.22B in Styrene, mainly from Saudi Arabia ($829M), Chinese Taipei ($206M), Kuwait ($90.7M), Japan ($75.4M), and Singapore ($6.32M).

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